James Fisher and Sons (LON:FSJ) Stock Crosses Above Two Hundred Day Moving Average – Should You Sell?

James Fisher and Sons plc (LON:FSJ) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 467.82 and traded as high as GBX 485. James Fisher and Sons shares last traded at GBX 470, with a volume of 12,717 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 850 target price on shares of James Fisher and Sons in a research note on Thursday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 690.

James Fisher and Sons Price Performance

The company has a fifty day moving average price of GBX 475.70 and a two-hundred day moving average price of GBX 468.39. The company has a current ratio of 1.16, a quick ratio of 1.12 and a debt-to-equity ratio of 108.62. The firm has a market cap of £231.73 million, a P/E ratio of -52.76 and a beta of 0.80.

Insider Activity

In related news, insider Jean Vernet sold 11,170 shares of the firm’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of GBX 499, for a total transaction of £55,738.30. 2.12% of the stock is owned by corporate insiders.

About James Fisher and Sons

James Fisher and Sons plc is a leading provider of unique marine solutions in Energy, Defence and Maritime Transport. The Group pioneers safe, innovative solutions that solve complex customer challenges for industries and governments around the world.

For more information visit www.james-fisher.com